I chatted with my parents today about the epidemic, business, investment, etc. Here are my thoughts:

1. There are two concepts, one is karma, which is generally personal, and the other is common karma, which is for everyone. I didn’t have any specific feelings about the concept of common karma before. Maybe this epidemic is a good expression of this concept.

2. From the time we were born in the 80s to before the 2019 epidemic, our generation was actually lucky enough (as were those born in the 70s and 90s), so we can be content. In this golden age, if you can't make money, in fact, most likely you can't blame society for not providing opportunities. Now that we have entered the stage of the epidemic, or especially this year, if you don't make money, you can actually be more tolerant of yourself. Everyone's life may have to fully experience all kinds of emotions, including joy, anger, sorrow, and happiness. So when things are not good, just treat it as an experience. 3. At this point in time, the policies and progress of various places in response to the epidemic are not unified, the money in various places is almost spent, and the people don't have much money. The new officials will take office in a few months and make a few fires after taking office. The last three or four months may be similar to the bottom of a round of bull and bear. This bottom is not easy for everyone. When investing at the bottom, you should not cut your losses. If the physical business is at the bottom, if it is not really impossible to get up later, you can also wait and see.

4. The cryptocurrency industry has cycles, the stock market has cycles, the real industry has cycles, and the country has cycles. People who master the rules will live better. We can only explore little by little, try to learn the rules, and understand the rules. The important thing is not to be too pessimistic when things are high/smooth, and not to be too pessimistic when things are low/not smooth.

5. The most valuable things in this round of bull and bear market in the cryptocurrency circle are probably these experiences. The experience is painful, but also valuable. After all, no one can have a smooth journey. It is better to experience the painful bull and bear market earlier than to experience the bear market and pain when you are older and richer in the future. If you are destined to learn from your mistakes, it is better to learn early than late.

6. Under the influence of the big environment, we can only do so much. It is good enough to protect ourselves and our families. How to protect? Be prepared physically and mentally. Take good care of your body, exercise properly, eat well and drink well to enhance your immunity. There is no need to worry too much mentally, after all, many things cannot be changed by what you think.

7. Life is like a game, and many things may be destined. So be calm and face what you should face bravely. Every step is what we need to take and we will take it. Don't think about the past, don't let down the present, and don't fear the future.